Hunter Associates Investment Management LLC Cuts Position in iShares Select Dividend ETF (NASDAQ:DVY)

Hunter Associates Investment Management LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,351 shares of the company’s stock after selling 125 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $572,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Banque Cantonale Vaudoise increased its stake in shares of iShares Select Dividend ETF by 10.1% in the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares in the last quarter. JDM Financial Group LLC increased its stake in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Unionview LLC increased its stake in iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares in the last quarter. CMG Global Holdings LLC increased its stake in iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares in the last quarter. Finally, Ritholtz Wealth Management increased its stake in iShares Select Dividend ETF by 3.2% during the 4th quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock worth $363,000 after buying an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7 %

NASDAQ:DVY opened at $134.75 on Friday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The stock has a 50 day moving average of $135.17 and a two-hundred day moving average of $133.58. The firm has a market cap of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.